The Iowa State Capitol

Form 990-PFTax year 2025EIN 42-1516560

Ray V Hewitt Foundation

A private foundation in Clear Lake, IA. Its return for tax year 2025 lists 5 grants and $14,500 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Mark C Hewitt
PO Box 8
Clear Lake, IA 50428
(641) 357-7121
Form and materials
Form, information and materials: letter of request for a contribution
Deadlines
February 1st of each year
Restrictions
Charitable contributions in cerro gordo county, ia and hancock county, ia

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $14,500

    Grants listed
    5
    Assets, end of year
    $308,100
  • Tax year 2024

    $13,500

    Grants listed
    8
    Assets, end of year
    $302,263
  • Tax year 2023

    $12,000

    Grants listed
    7
    Assets, end of year
    $276,550
  • Tax year 2022

    $13,000

    Grants listed
    8
    Assets, end of year
    $254,046
  • Tax year 2021

    $18,000

    Grants listed
    5
    Assets, end of year
    $227,135
  • Tax year 2020

    $11,500

    Grants listed
    8
    Assets, end of year
    $206,086
  • Tax year 2019

    $10,000

    Grants listed
    7
    Assets, end of year
    $201,971
  • Tax year 2018

    $10,500

    Grants listed
    8
    Assets, end of year
    $200,757

Grants paid in 2025

5 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Drake UniversityDes Moines, IA

    General donation

    $7,500
  2. Clear Lake Chamber of CommerceClear Lake, IA

    General donation

    $4,000
  3. Individual

    [individual] SCHOLARSHIP

    $1,000
  4. Individual

    College scholarship

    $1,000
  5. Individual

    [individual] SCHOLARSHIP

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $7,500100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Iowa2 grants $11,500

Officers, directors and trustees

2 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Mark C HewittPRESIDENT Hours 0.5Pay $0
  • Clear Lake Bank TrustTRUSTEE Hours 1Pay $2,278

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Teamquest FoundationClear Lake, IA 3 grants Accepts applications $13,650 giving
  2. Ernie P Schwartz FoundationCedar Rapids, IA 3 grants Accepts applications $14,000 giving
  3. Clizbe Family FoundationClinton, IA 2 grants Preselected only $14,000 giving
  4. Dr Kenneth N Andersen Family Scholarship TrustCedar Rapids, IA 4 grants Accepts applications $16,000 giving
  5. Johnson DK Char Scholarship FdCedar Rapids, IA 3 grants Preselected only $12,100 giving